Which of the answer choices lists market structures in order from the highest number of sellers to the lowest?
a. monopoly, monopolistic competition, perfect competition, oligopoly
b. monopoly, oligopoly, monopolistic competition, perfect competition
c. oligopoly, perfect competition, monopoly, monopolistic competition
d. perfect competition, monopolistic competition, oligopoly, monopoly

answer; (1) blank; decreases; ///blank(2) increases; ///blank(3)increases;

answer; charters;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.

the correct answer for apex is “ doubling a recipe and figuring out how many cups of paint to use are both examples of using math skills”.